Norges Bank's holding in UPM has gone above the threshold of 5 per cent

UPM-Kymmene Corporation has on 24 April 2015 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which Norges Bank's (The Central Bank of Norway) holding in UPM has gone above the threshold of 5 per cent on 23 April 2015 after a share lending transaction where Norges Bank is the lender.According to the announcement, Norges Bank's holding in UPM has increased from 25,645,625 to 30,463,109 shares, corresponding to 5.71 per cent of UPM's shares and voting rights. UPM's registered total number of shares and voting rights amounting to 533,735,699 has been used in the calculation of percentages for the announcement.

Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 20,000 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - www.upm.com